“Financial institutions’ cash levels are typically 30 percent higher than actual need, which can lead to increased security risks, higher insurance costs and illiquid, investible assets for the institution,” said David Austin, vice president of CetoLogic. “As interest rates increase in the near future, financial institutions must be able to quickly adapt to changing market conditions to recover this excess cash for alternative investments and lending.”

About evolve Federal Credit Union evolve FCU is a $328 million institution based in El Paso-Texas that supports nearly 39,000 members, 125 employees and eight branches. evolve’s mission is to build member loyalty through service, trust and value and prides itself in helping members bank electronically. Due to efficiency improvements and business model changes, evolve FCU projects to reduce its branch footprint in 2015 and 2016 in order to continue to support evolving member needs and further strengthen its vision of being the financial institution of choice in El Paso. For more information, visit us at www.evolvefcu.org.

About CetoLogic Atlanta, Ga.-based CetoLogic provides software solutions and analytics to financial institutions and retail organizations. CetoLogic proudly services the needs of more than 1,500 clients in 50 states and Canada by providing “Smart Solutions that Make Dollars and Sense.” CetoLogic is the designer of C3 Financial, a web-based cash forecasting and management software. CetoLogic also pioneered Deposit Reclassification, a retail sweep program designed to eliminate reserve balances. CetoLogic’s solutions improve earnings, efficiencies, risk management and operations. For more information about CetoLogic’s solutions, call 1.877.495.0687.